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Suppose a consumer has an income of 30 that is spent on two

Suppose a consumer has an income of $30 that is spent on two goods: X and Y. The price of good X is $1.00 and the price of good Y is $3.00. Which of the following bundles of X and Y lie on the individuals budget constraint?

8X and 6Y
6X and 8Y
8X and 10Y
12X and 4Y
16X and 6Y

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Business Management: Suppose a consumer has an income of 30 that is spent on two

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Business Management: Suppose a consumer has an income of 30 that is spent on two

Reference No:- TGS01654788

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